ACRES Commercial Realty (FRA:R9L) Cyclically Adjusted FCF per Share: €4.88 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:R9L ACRES Commercial Realty Corp FRA:R9L
51 GF Score
Price €14.30
GF Value €14.41
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is ACRES Commercial Realty Cyclically Adjusted FCF per Share?

ACRES Commercial Realty FRA:R9L +2.14% 51 Cyclically Adjusted FCF per Share is €4.88 as of Mar. 2026. GuruFocus rates FRA:R9L with a GF Score™ of 51/100 and a GF Value™ of €14.41 (Fairly Valued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

ACRES Commercial Realty's adjusted free cash flow per share for the three months ended in Mar. 2026 was €0.120. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €4.88 for the trailing ten years ended in Mar. 2026.

During the past 12 months, ACRES Commercial Realty's average Cyclically Adjusted FCF Growth Rate was -13.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 3.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.20% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -5.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of ACRES Commercial Realty was 4.70% per year. The lowest was -19.50% per year. And the median was -0.80% per year.

As of today (2026-08-03), ACRES Commercial Realty's current stock price is €14.30. ACRES Commercial Realty's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was €4.88. ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is 2.93.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.85.


ACRES Commercial Realty  (FRA:R9L) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.30/4.88
=2.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of ACRES Commercial Realty was 6.92. The lowest was 0.61. And the median was 2.85.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


ACRES Commercial Realty Cyclically Adjusted FCF per Share Related Terms


ACRES Commercial Realty Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for ACRES Commercial Realty's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ACRES Commercial Realty Cyclically Adjusted FCF per Share Chart

ACRES Commercial Realty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 4.79 4.78 5.99 4.75

ACRES Commercial Realty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.34 5.17 5.03 4.75 4.88

FRA:R9L vs SUNS, RPT, CHMI: Cyclically Adjusted FCF per Share Comparison

For the REIT - Mortgage subindustry, ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ACRES Commercial Realty Cyclically Adjusted Price-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where ACRES Commercial Realty's Cyclically Adjusted Price-to-FCF falls into.


FRA:R9L
51GF Score
ACRES Commercial Realty Corp FRA:R9L
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ACRES Commercial Realty Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, ACRES Commercial Realty's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.12/330.2130*330.2130
=0.120

Current CPI (Mar. 2026) = 330.2130.

ACRES Commercial Realty Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 -2.515 241.018 -3.446
201609 -2.134 241.428 -2.919
201612 4.867 241.432 6.657
201703 5.833 243.801 7.900
201706 -2.037 244.955 -2.746
201709 13.274 246.819 17.759
201712 1.435 246.524 1.922
201803 0.908 249.554 1.201
201806 0.878 251.989 1.151
201809 0.726 252.439 0.950
201812 1.399 251.233 1.839
201903 0.336 254.202 0.436
201906 1.146 256.143 1.477
201909 0.926 256.759 1.191
201912 1.265 256.974 1.626
202003 0.201 258.115 0.257
202006 0.989 257.797 1.267
202009 0.478 260.280 0.606
202012 0.863 260.474 1.094
202103 0.777 264.877 0.969
202106 1.203 271.696 1.462
202109 0.159 274.310 0.191
202112 1.411 278.802 1.671
202203 0.154 287.504 0.177
202206 1.290 296.311 1.438
202209 0.578 296.808 0.643
202212 1.462 296.797 1.627
202303 1.001 301.836 1.095
202306 1.661 305.109 1.798
202309 1.282 307.789 1.375
202312 1.020 306.746 1.098
202403 0.382 312.332 0.404
202406 0.815 314.175 0.857
202409 0.954 315.301 0.999
202412 0.092 315.605 0.096
202503 -0.580 319.799 -0.599
202506 1.401 322.561 1.434
202509 -1.097 324.800 -1.115
202512 0.766 324.054 0.781
202603 0.120 330.213 0.120

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of €4.88 mean?
ACRES Commercial Realty (FRA:R9L) has a Cyclically Adjusted FCF per Share of €4.88 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ACRES Commercial Realty and its competitors.
Is ACRES Commercial Realty's Cyclically Adjusted FCF per Share too high?
ACRES Commercial Realty's current Cyclically Adjusted FCF per Share is €4.88. Overall, ACRES Commercial Realty has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ACRES Commercial Realty's Cyclically Adjusted FCF per Share compare to SUNS and RPT?
ACRES Commercial Realty's Cyclically Adjusted FCF per Share of €4.88 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a REITs company?
A good Cyclically Adjusted FCF per Share depends on the REITs industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on ACRES Commercial Realty and its competitors. ACRES Commercial Realty's current Cyclically Adjusted FCF per Share is €4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ACRES Commercial Realty stock overvalued right now?
Based on GuruFocus' analysis, ACRES Commercial Realty (FRA:R9L) is currently considered Fairly Valued. The stock's GF Value™ is €14.41, compared to a current price of €14.30 — trading 0.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is €4.88. ACRES Commercial Realty's overall GF Score™ is 51/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For ACRES Commercial Realty (FRA:R9L), the current Cyclically Adjusted FCF per Share is €4.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ACRES Commercial Realty (FRA:R9L) Overvalued in 2026?

Based on GuruFocus' analysis, ACRES Commercial Realty stock appears to be undervalued. The current stock price of €14.30 is trading 0.8% below its estimated GF Value™ of €14.41. GuruFocus considers ACRES Commercial Realty to be Fairly Valued.

Key valuation signals for FRA:R9L:

  • Cyclically Adjusted FCF per Share: €4.88
  • GF Value™: €14.41 vs. price of €14.30 (0.8% below fair value)
  • GF Score™: 51/100 with 1 warning sign

No single metric tells the full story. See the FRA:R9L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ACRES Commercial Realty Business Description

Industry Real EstateREITs
Other Exchanges ACRpC.PFD:USAACR:USA
Address 390 RXR Plaza, Uniondale, New York, NY, USA, 11556
ACRES Commercial Realty Corp is a commercial real estate investment trust that focuses on originating, holding, and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate properties through direct ownership and joint ventures. The company invests in commercial real-estate-related assets, including whole loans, A notes, B notes, mezzanine loans, and mortgage-related securities, as well as commercial finance assets, which include other asset-backed securities, senior secured corporate loans, equipment leases and notes, trust preferred securities, debt tranches of collateralized debt obligations, and private equity investments mainly issued by financial institutions.
51GF Score

Get the complete analysis for FRA:R9L

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€14.30
Price
€14.41
GF Value